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JAKARTA The government, represented by the Ministry of Finance (Kemenkeu) together with Commission XI of the DPR, today will make a decision regarding the Basic Assumption of the 2024 State Budget Bill.

Minister of Finance (Menkeu) Sri Mulyani, who was present on the agenda, is known to be experiencing a voice disturbance (lost voice) and invited Deputy Minister of Finance (Wamenkeu) Suahasil Nazara to convey the government's view.

"Thank you leadership, my voice is missing. So if it is allowed, the Deputy (Minister of Finance) will convey it," said Sri Mulyani at the Senayan Parliament Complex, Jakarta on Thursday, August 31.

Until this news was published, there has been no significant change in the macro assumption of the 2024 State Budget Bill previously proposed by President Joko Widodo (Jokowi) on August 16, 2023.

"Let us convey the basic assumptions of macroeconomics and the direction of fiscal policy in the 2024 RAPBN," said Deputy Minister of Finance Suahasil Nazara.

The following are the latest developments in the draft State Budget offered by the government.

- Economic Growth 5.3 percent- Inflation 2.8 percent- The rupiah exchange rate is IDR 15,000 per US dollar- State securities interest rate 10 years 6.7 percent- Indonesian crude oil price (ICP) 80 dollars per barrel- Oil lifting 6655,000 barrels per day- Gas lifting 1.03 million barrels per day- State revenue equivalent IDR 2,781.3 trillion- state expenditure IDR 3,304.1 trillion- budget deficit of 2.29 percent of GDP (equivalent to IDR 522.8 trillion)- Open unemployment rate 5.0 percent to 5.7 percent- poverty rate 6.5 percent to 7.5 percent-Gini ratio 0.374 to 0.377- Human Development Index 73.99 to 74.02- Farmers' Exchange Value (NTP) 105-108-Fishing Rate (NTN) 107-110.


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